Multiple Choice
An online retailer wanted to see if purchasing patterns were different between male consumers and female consumers.Males were found to have spent a mean of $85 per month on online purchases,whereas females were found to have spent a mean of $78 per month.An independent samples t-test was conducted to assess the observed difference between the two groups of consumers.A two-tailed test was applied.The value of the t-Test Statistic for the observed differences was -4.7,where the p-value is less than 0.0002.What conclusion can be made about the observed difference?
A) There is a statistically significant difference between the two groups of consumers.
B) There is statistically no significant difference between the two groups of consumers.
C) The independent samples t-test is not the appropriate hypothesis-testing procedure.
D) There is not sufficient information to conclude.
Correct Answer:

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Correct Answer:
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